Last Ditch? DB, NYSE Offer Caps on Fees to Save Merger

Deutsche Boerse and NYSE Euronext have offered to cap fees on trading in their European derivatives contracts for three years in their last-ditch effort to get their $9 billion merger cleared by the European Union.

The European Commission has expressed concerns that the two exchange operators' account for a 90 percent share of the exchange-listed futures market in Europe and could as a result thwart the arrival of new rivals.